Sierra Bancorp (BSRR) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sierra Bancorp in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BSRR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSRR, but not buy additional shares or sell existing shares.
View BSRR analyst ratings or view top-rated stocks.

4 equities research analysts have issued 12-month price targets for Sierra Bancorp's shares. Their BSRR share price forecasts range from $19.50 to $24.00. On average, they anticipate the company's share price to reach $22.25 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for BSRR or view top-rated stocks among Wall Street analysts.

Sierra Bancorp's stock was trading at $21.24 at the beginning of 2023. Since then, BSRR shares have decreased by 18.9% and is now trading at $17.22.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our BSRR earnings forecast.

Sierra Bancorp (NASDAQ:BSRR) posted its quarterly earnings data on Monday, April, 24th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by $0.06. The financial services provider had revenue of $44 million for the quarter, compared to analysts' expectations of $35.45 million. Sierra Bancorp had a net margin of 21.29% and a trailing twelve-month return on equity of 11.62%.

Sierra Bancorp announced a quarterly dividend on Friday, April 21st. Shareholders of record on Monday, May 1st will be paid a dividend of $0.23 per share on Friday, May 12th. This represents a $0.92 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date is Friday, April 28th.
Read our dividend analysis for BSRR.

ETFs with the largest weight of Sierra Bancorp (NASDAQ:BSRR) stock in their portfolio include Cultivar ETF (CVAR) and First Trust NASDAQ ABA Community Bank Index Fund (QABA).

Sierra Bancorp (NASDAQ:BSRR) pays an annual dividend of $0.92 per share and currently has a dividend yield of 5.43%. BSRR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSRR will have a dividend payout ratio of 36.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSRR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sierra Bancorp investors own include Verizon Communications (VZ), Canadian Natural Resources (CNQ), PacWest Bancorp (PACW), AbbVie (ABBV), Chevron (CVX), Cedar Fair (FUN), Kohl's (KSS), Lakeland Bancorp (LBAI), Matthews International (MATW) and Marcus (MCS).

Sierra Bancorp trades on the NASDAQ under the ticker symbol "BSRR."

Sierra Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.02%), Dimensional Fund Advisors LP (7.07%), Private Management Group Inc. (3.57%), Ameriprise Financial Inc. (2.06%), State Street Corp (2.00%) and Geode Capital Management LLC (1.68%). Insiders that own company stock include Cindy L Dabney, Gordon T Woods, James C Holly, James F Gardunio, Julie G Castle, Laurence S Dutto, Michael Olague, Michael Olague, Michele M Gil, Susan M Abundis and Vonn R Christenson.
View institutional ownership trends.

Shares of BSRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BSRR stock can currently be purchased for approximately $17.22.

Sierra Bancorp (NASDAQ:BSRR) has a market capitalization of $259.16 million and generates $152.59 million in revenue each year. The financial services provider earns $33.66 million in net income (profit) each year or $2.32 on an earnings per share basis.

The company employs 484 workers across the globe.

Sierra Bancorp's mailing address is 86 NORTH MAIN STREET, PORTERVILLE CA, 93257. The official website for the company is www.sierrabancorp.com. The financial services provider can be reached via phone at (559) 782-4900, via email at ktaylor@bankofthesierra.com, or via fax at 559-782-4994.